BOXT LIMITED
Company Information
- Company Number
- 08086606
- Registered Address
- 3320 Century Way Thorpe Park, Leeds, West Yorkshire, England, LS15 8ZB
- Status
- Active
- Employee Count
- 116.0
- Turnover
- 70390000.0
- EBITDA
- -5597000.0
Additional Details
- Website
- https://www.boxt.co.uk/
- Company Type
- Private limited Company
- Incorporated On
- 29 May 2012
- Nature of Business
- 41100 - Development of building projects$43210 - Electrical installation$43220 - Plumbing, heat and air-conditioning installation$47910 - Retail sale via mail order houses or via Internet
- Industries
- Professional Services,Property,Infrastructure And Construction,Supply Chain,Manufacturing And Commerce Models
- Region
- Yorkshire and The Humber
Company Location
Loading map...
Financial Metrics
Time to Pay
Payment Timeline
Payment Features
Payment Time Trends
Payment Distribution Trends
Performance Reports History
| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Apr 2023 - 30 Sept 2023 | 23 Dec 2023 | 21 | 75% | 8% | 17% | 25% |
Company Summary
BOXT LIMITED is a UK-based company that specializes in providing online heating and cooling solutions for residential and commercial properties
The company was founded in 2013 and has since become a leading provider in the industry
The company offers a wide range of products and services, including boiler installation, repair and maintenance, smart home systems, and air conditioning installation
They also provide a unique online platform where customers can easily compare prices and book services for their heating and cooling needs
BOXT LIMITED is committed to sustainability and has implemented various initiatives to reduce their environmental impact
They have a dedicated sustainability team that works to improve their energy efficiency, reduce waste, and promote eco-friendly products
The key people behind BOXT LIMITED include the co-founders, CEO Andy Kerr and CTO Alan Dickinson
They are both highly experienced in the heating and cooling industry and have a strong vision for the company's growth and success
The company's website, www.boxt.co.uk, is user-friendly and offers a wealth of information about their products and services
Customers can also book services and get a quote directly from the website
BOXT LIMITED's registered office address is located at 20-22 Wenlock Road, London, N1 7GU
In summary, BOXT LIMITED is a reputable company in the UK that offers innovative and sustainable heating and cooling solutions
With their user-friendly online platform, experienced leadership, and commitment to sustainability, they continue to provide high-quality services to their customers
Company Review
Trend Analysis
The average time taken for BOXT LIMITED to pay invoices has improved over the past three periods, decreasing from 24 days in Oct 2022 to 21 days in Sep 2023.
Volatility Analysis
The company has shown a consistent trend in paying invoices within the agreed terms, as the percentage of invoices paid later than 60 days has remained at 17% for all three periods.
Summary Analysis
In the latest period (Jul 2023-Sep 2023), BOXT LIMITED has improved their average time to pay by 3 days compared to the same period last year (Jul 2022-Sep 2022). This was mostly due to an increase in the percentage of invoices paid within 30 days, which went up from 64% to 75%. However, there was also a slight increase in the percentage of invoices paid between 31 and 60 days, from 7% to 8%.
Invoice Payment Practices
This information is as reported by the business, and responses are in their own words.
Payment Terms
Standard payment terms
Boxt does not have standard payment terms. Specific payment terms are agreed with each supplier separately. Boxt does not change payment terms without the prior agreement of its suppliers.
Were there any changes to the standard payment terms in the reporting period?
No
Any other information about payment terms
N/A
Maximum contractual payment period agreed
90
Dispute Resolution Process
All disputes are raised and tracked through the AP department. These are then raised with the business owner of the supplier and payments will be kept on hold until any dispute is confirmed as settled by the business owner. Where non-payment is caused by invoicing inaccuracy due to incorrect pricing/quantities or the quality of goods or services provided, the person responsible for the purchase will dispute the invoice by placing it on hold. Invoices that are subject to a dispute will not be paid until the issue is resolved. Once resolved, payment will be made in accordance with the terms of the contract, unless the invoice is overdue where it will be paid in the next available payment run.
Other Payment Information
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
❌
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
❌
Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
❌
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
